Kaleyra announces CEO transition plan, board enhancements

Kaleyra announced a CEO transition plan and significant enhancements to its Board of Directors to reposition the company for sustainable growth and value creation. Kaleyra has announced that Mr. Dario Calogero, its founder and CEO, has notified the Board of his intention to step down from his position as CEO of the company after serving over 20 years in the role. The Board has retained a leading independent executive search firm to assist with the CEO search process. Calogero will continue his service to the company as a director and will remain in his role as the company’s CEO to support the leadership transition and ensure continuity and stability until the Board selects a new CEO. Upon the appointment of Calogero’s successor, Calogero will transition to the newly created role of Chief Strategy Officer, in which he will focus on organic and inorganic growth strategies for the company. Kaleyra also announced today that it has appointed Kathleen Miller and Karin-Joyce Tjon as directors to the company’s Board of Directors, effective immediately. Upon the appointments of Miller and Tjon, the Board will consist of eight directors, all of whom, other than Calogero, will be independent.